Brief: Norbit Q1 EBITDA At NOK 17.7 Mln

Norbit ASA

11/05/2021 06:13

May 11 (Reuters) - Norbit ASA  NORBIT.OL :
    * NORBIT - RESULTS FOR THE FIRST QUARTER OF 2021
    * REVENUES FOR Q1 OF 2021 OF NOK 148.7 MILLION, COMPARED
WITH NOK
151.6 MILLION IN SAME QUARTER PREVIOUS YEAR
    * Q1 EBITDA FOR QUARTER OF NOK 17.7 MILLION, REPRESENTING A
12 PER
CENT MARGIN
    * ITS IS FACING A CHALLENGING FIRST HALF OF 2021, BUT
OUTLOOK FOR
SECOND HALF IS POSITIVE, WHERE NORBIT EXPECTS A SHARP INCREASE
IN REVENUES AND IMPROVED PROFITABILITY
    * EXPECTS REVENUES TO GROW QUARTER-OVER-QUARTER

Source text for Eikon:  ID:nGNE1yYfL6 
Further company coverage:  NORBIT.OL 

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